A long position in MON worth $6.5 million was fully liquidated.

Foresight News reported, according to monitoring by Lookonchain, due to the sharp decline in MON price, the trader with address starting 0xccb5 had their entire long position of 244 million MON (worth approximately $6.5 million) fully liquidated, resulting in a loss of about $1.9 million. The trader's account is now zeroed out, losing all assets.